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FS-ISAC Coronavirus Update, May 5, 2021
FS-ISAC Coronavirus Update, May 5, 2021 So far, about 145 million adults - about 56% of the adult population in the US - have received at least one dose of Covid-19 vaccine, according to the latest...
Bowman provides reg update on fintech partnerships
Bowman provides reg update on fintech partnerships A recent column from Federal Reserve Gov. Michelle Bowman provides an update on regulatory efforts to promote community bank innovation and...
Fed: banking system showing resilience
Fed: banking system showing resilience Financial institutions’ strong capital and liquidity positions have enabled the banking system to support the U.S. economic recovery, the Federal Reserve...
Capital Summit grassroots continue today
Capital Summit grassroots continue today While this week’s ICBA Capital Summit concludes today, ICBA is urging community bankers to continue engaging their elected officials with grassroots...
Fed proposes standards for accessing Fed accounts, payments system
Fed proposes standards for accessing Fed accounts, payments system The Federal Reserve Board proposed guidelines for evaluating requests for accounts with the Fed and access to the payments system,...
IRS issues another 1.1M EIPs
IRS issues another 1.1M EIPs The IRS said it is disbursing another 1.1 million Economic Impact Payments in the eighth batch under the American Rescue Plan. The IRS said it is disbursing another 1.1...
FS-ISAC Coronavirus Update, May 6, 2021
FS-ISAC Coronavirus Update, May 6, 2021 The Small Business Administration said Wednesday that the Paycheck Protection Program has been exhausted, and as of Sunday, the PPP had given out nearly 10.8...
PPP general fund exhausted
PPP general fund exhausted The Paycheck Protection Program’s general fund was reportedly exhausted Tuesday ahead of the program’s May 31 authorization, though some PPP funds remain for certain...
CFPB reports on mortgage borrower challenges
CFPB reports on mortgage borrower challenges The Consumer Financial Protection Bureau said more needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn....
Independent Banker features 2020’s top performers
Independent Banker features 2020’s top performers The May issue of Independent Banker magazine spotlights the best-performing community banks of 2020. The May issue of Independent Banker magazine...
PPP funds could be exhausted soon
PPP funds could be exhausted soon The SBA reportedly told congressional offices that general Paycheck Protection Program funding could be exhausted soon. The SBA reportedly told congressional...
FS-ISAC Coronavirus Update, May 4, 2021
FS-ISAC Coronavirus Update, May 4, 2021 Confirmed coronavirus cases in the US rose at the slowest pace since the pandemic began in the week ended Sunday, according to data compiled by Johns Hopkins...
2021 Abrigo Business Lending Process Survey Results
2021 Abrigo Business Lending Process Survey Results During the first quarter of 2021, Abrigo surveyed nearly 250 lenders, credit analysts, chief credit officers, chief risk officers, and other...
Last chance for service award submissions
Last chance for service award submissions Today is the deadline to submit nominations and votes for ICBA’s updated National Community Bank Service Award program. This year’s awards recognize...
FS-ISAC Coronavirus Update, April 30, 2021
FS-ISAC Coronavirus Update, April 30, 2021 Hackers have targeted companies that distribute the COVID-19 vaccine to a degree previously unreported, according to research from IBM Security, and...
FS-ISAC Coronavirus Update, April 28, 2021
FS-ISAC Coronavirus Update, April 28, 2021 After a worrisome uptick in Covid-19 cases in the US in recent weeks, there are encouraging signs that the situation is beginning to stabilize, according...
ICBA urging messages to Congress today
ICBA urging messages to Congress today With hundreds of community bankers meeting virtually with congressional offices this week, ICBA today is urging community bankers nationwide to send...
IRS reporting plan would increase burdens: ICBA’s Merski
IRS reporting plan would increase burdens: ICBA’s Merski ICBA’s Paul Merski told Bloomberg that additional IRS reporting being floated this week by the Biden administration would increase...
CFPB reports on fair lending enforcement
CFPB reports on fair lending enforcement The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and...
CFPB: More complaints from minority counties
CFPB: More complaints from minority counties The Consumer Financial Protection Bureau released a county-by-county analysis of consumer complaints. The bureau said it received more complaints per...